Spain ‘Troika’ Report Needed Before Next Steps on Aid

(Corrects second paragraph to clarify the meeting is in scheduled for July.)

Euro-area governments deciding on aid to Spain’s banks need the report of the so-called troika group of officials before taking the next steps, German Finance Ministry spokesman Martin Kotthaus said.

There is no indication yet that euro-area finance ministers will be able to make a decision on the Spanish bailout at their next meeting on July 9 and 10, Kotthaus told reporters in Berlin today.

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editor responsible for this story: Tony Czuczka at aczuczka@bloomberg.net